BitcoinUpdated BTC - decision zone
Bitcoin is trading at a strong support area.
There is the weekly 50 SMA, a longtime fibonnaci and also a big bullflag pattern, still valid if BTC turns around in this area.
If the bears win this fight i see the next strong level at the weekly 200 SMA, also this would be the target of the SHS pattern.
There is the weekly 50 SMA, a longtime fibonnaci and also a big bullflag pattern, still valid if BTC turns around in this area.
If the bears win this fight i see the next strong level at the weekly 200 SMA, also this would be the target of the SHS pattern.
Note
Daily chart: 
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.